Small suppliers have always suffered at the hands of big businesses – but when those giants go under, the fallout can spell utter disaster.

As the news spread over the past weeks of Carillion’s £1.3 billion debt, work on many construction sites across the UK came to a standstill and analysts warned that many businesses were unlikely to be paid, throwing their viability into doubt.

Carillion is holding up to £800m in retention payments – the commonplace practice of holding back part of a contractor’s payment as security to ensure work is carried out.

Read the full article from Jackie on the Total Contractor website.